Tag : Mobile wallets

Omdia
Digital Payments Digital Wallet Mobile Banking News

Digital Wallet Opportunities in Middle East and Africa: By Omdia

Fintech News Desk
by Fintech News Desk0
Digital Wallets have become an entry point for consumers to engage with financial services and they create new opportunities to target the underserved banking population Omdia discusses the rise of digital wallets and how mobile wallets have successfully targeted the underserved banking population and offers recommendations on how incumbent banks......
New Study Shows Cash Remains a Mainstay for Both Consumers and Businesses, Even in the Age of Technology
Banking Digital Payments News

New Study Shows Cash Remains a Mainstay for Both Consumers and Businesses, Even in the Age of Technology

Fintech News Desk
by Fintech News Desk0
According to data from Cash Connect, a division of WSFS Bank, 81% of financial decision makers agree that cash payments have remained at least somewhat steady at their businesses over the past five years Despite the availability of technology-driven forms of payment such as credit cards, debit cards, and mobile......
MoneyGram Reports Another Strong Month of Digital Growth Amidst a Pivotal Year for the Business
Business Digital Payments Mobile Banking News

MoneyGram Reports Another Strong Month of Digital Growth Amidst a Pivotal Year for the Business

Fintech News Desk
by Fintech News Desk0
The Company delivered 44% YoY cross-border transaction growth for June in MoneyGram Online (MGO), its direct-to-consumer digital business Transactions received digitally by customers hit at an all-time high in the quarter with 77% YoY growth MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, announced that......
More Than Half of the World's Population Will Use Mobile Wallets by 2025, Study Finds
Digital Payments Fintech Mobile Banking News

More Than Half of the World’s Population Will Use Mobile Wallets by 2025, Study Finds

Fintech News Desk
by Fintech News Desk0
Southeast Asia is the fastest growing region in the world for mobile wallets, with a CAGR of 25.5% and overall growth of 311% over the next five years Latin America and Africa / Middle East are second and third fastest growing regions, expected to expand 166% and 147% respectively by......
Study: More Than Half of the World’s Population Will Use Mobile Wallets by 2025
Digital Payments Fintech Mobile Banking News

Study: More Than Half of the World’s Population Will Use Mobile Wallets by 2025

Fintech News Desk
by Fintech News Desk0
Southeast Asia is the fastest growing region for mobile wallets in the world with 25.5% CAGR and overall growth of 311% in the next five years Latin America and Africa & Middle East are the second and third fastest growing regions, set to expand by 166% and 147% respectively by......
Verdant Capital Advises Baxi, a Leading Super-Agent in Nigeria, on Its Sale to MFS Africa
Digital Payments Fintech News

Verdant Capital Successfully Raises USD 7.9 Million for Leading Challenger Fintech, Zeepay

Fintech News Desk
by Fintech News Desk0
Verdant Capital positioned Zeepay’s USD 7.9 million equity and debt raise as Series A.0 Verdant Capital has successfully completed its fourth major fintech transaction in the last 12 months.  The debt and equity raise for leading challenger fintech, Zeepay, head-quartered in Ghana, follows a USD 20 million equity and debt capital......
Juniper Research: Virtual Card Transaction Values to Increase by 370% Globally in Five Years
B2B B2C Digital Digital Payments News

Juniper Research: Virtual Card Transaction Values to Increase by 370% Globally in Five Years

Fintech News Desk
by Fintech News Desk0
B2B Payments Driving Value A new Juniper Research study has found that the global value of virtual card transactions will reach $6.8 trillion in 2026, from $1.9 trillion in 2021. Virtual cards, secure digital cards with randomly generated details, will show strong growth as they are increasingly used for B2B payments. The......
Bango and NTT DATA Partner to Expand Payments Across Asia
Digital Payments News

Bango and NTT DATA Partner to Expand Payments Across Asia

Fintech News Desk
by Fintech News Desk0
Partnership brings more than thirty wallets and digital payment methods into the Bango Circle Bango plc , the global platform for data-driven commerce, announces that merchants using the Bango Platform to offer online payments can now expand their footprint to hundreds of millions more users in Indonesia, Malaysia, Thailand, Hong......
XTM Announces Launch of Its Full U.S. Roll-Out of the Today™ Instant Employee Payout Solution
Banking Fintech Mobile Banking News

XTM Announces Launch of Its Full US Roll-Out of the Today Instant Employee Payout Solution

Chandni Maske
by Chandni Maske0
Coincides with Many State Reopening Announcements  XTM, Inc., a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world is pleased to launch its official full roll-out of the Today™ instant mobile employee payout solution in the United States. The Company has signed many restaurants,......
Study: Nearly a Quarter of Consumers Abandon Transactions at Local Businesses When their Preferred Methods of Payment Aren't Available
Digital Payments News

Study: Nearly a Quarter of Consumers Abandon Transactions at Local Businesses When their Preferred Methods of Payment Aren’t Available

Fintech News Desk
by Fintech News Desk0
New study from Podium highlights the impacts local businesses may face if they don’t support their customers with frictionless payment methods Podium, the leading communication and payments platform for local businesses, today released the 2021 State of Payments Report, highlighting the types of payment methods customers use, their preferences and the......
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